Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) to Issue Monthly Dividend of $0.13 on March 31st

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) announced a monthly dividend on Tuesday, December 16th. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.126 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Tuesday, March 10th.

Cohen & Steers Select Preferred and Income Fund Stock Performance

Shares of NYSE PSF opened at $20.12 on Thursday. The company has a 50 day simple moving average of $20.56 and a 200-day simple moving average of $20.43. Cohen & Steers Select Preferred and Income Fund has a 1 year low of $17.93 and a 1 year high of $21.20.

Hedge Funds Weigh In On Cohen & Steers Select Preferred and Income Fund

A number of hedge funds have recently modified their holdings of PSF. Integrated Wealth Concepts LLC raised its holdings in Cohen & Steers Select Preferred and Income Fund by 5.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 10,543 shares of the company’s stock valued at $219,000 after buying an additional 543 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 32.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,501 shares of the company’s stock worth $50,000 after acquiring an additional 606 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 2.5% in the 2nd quarter. Osaic Holdings Inc. now owns 44,494 shares of the company’s stock worth $896,000 after acquiring an additional 1,094 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Cohen & Steers Select Preferred and Income Fund by 8.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 17,857 shares of the company’s stock worth $371,000 after purchasing an additional 1,415 shares during the period. Finally, Comerica Bank increased its holdings in Cohen & Steers Select Preferred and Income Fund by 50.6% in the 1st quarter. Comerica Bank now owns 7,047 shares of the company’s stock valued at $141,000 after purchasing an additional 2,368 shares during the last quarter.

Cohen & Steers Select Preferred and Income Fund Company Profile

Cohen & Steers Select Preferred and Income Fund, Inc is a closed ended fixed income mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities.